High Net-worth Individuals

Elon Musk's net worth hits 11-month low, drops below $200 billion

Tech billionaire Elon Musk's net worth has dropped below $200 billion after Tesla shares recently hit 11-month lows

18% of super-rich Indians invested in cryptos, NFTs last year: Report

In its Wealth Report released on Tuesday, Knight Frank said 18 per cent global UHNWIs now own cryptocurrencies or tokens, and 11 per cent have invested in NFTs (non-fungible tokens)

Number of ultra HNIs in India up 11% in 2021 at 13,637: Report

The number of ultra-high-net worth-individuals, having net assets of $30 million (about Rs 226 crore) or more, in India increased 11 per cent last year

Street signs: Buy the dips, sell rallies, HNIs look to break even & more

A fall below 16,320 could drag the market to 16,150-16,000 levels

Rolex Rings IPO subscribed 130x on last day on institutional, HNI interest

The Rs 731-crore IPO generated bids worth Rs 66,744 crore

Artha Venture Fund announces final close of Rs 220 crore debut fund

A surge of interest in Indian start-ups and the robust performance of the seed fund's early investment made AVF overshoot its target

Street signs: Gold ETFs to gain traction, PLI may hurt battery firms & more

Gold has bounced back about 8 per cent from March 2021 lows of close to Rs 44,000 per 10 gram and is trading at Rs 47,600, owing to correcting dollar and treasury yields

Street signs: HNI IPO bets on thin ice, lapse in rights entitlement & more

At a fund house level, more than 10 per cent of assets can be invested in perpetual bonds of a single issuer

Succession planning: Will easy to make, but Trust more robust, say experts

UHNIs should make succession planning top priority

Average HNI earns Rs 50-lakh interest that's tax free: Govt defends PF move

In the Budget, it was announced that Rs 2.5 lakh a year is the deposit limit for EPF on which interest earned won't attract any tax.

Investment in house on discounts ideal for high net worth individual now

Demand has been lacklustre and prices have not moved up much in the past few years

Street signs: A breather before a new high, Parag Milk on HNI radar & more

The slew of regulatory changes has kept the mutual fund industry and officials of Association of Mutual Funds in India (Amfi) on their toes over the past few weeks

Street signs: HNIs in the dock, Google threat for listings biz, and more

High net-worth individuals' (HNIs') wager on the Mazagon Dock Shipbuilders IPO will pay off if the shares of the state-owned company more than double during the trading debut

For low-cost and diversified exposure to an asset class, invest in an ETF

Choose the ones that have a low expense ratio but high trading volumes on the exchanges

Happiest Minds IPO: Oversubscription pushes up break-even cost for HNIs

Wealthy investors to make up if Happiest Minds lists at 50% premium; 30% for Route Mobile

Covid-19 impact: Mukesh Ambani's net worth drops 28% to $48 bn in 2 months

LVMH Chief executive Bernard Arnault's wealth down by 28% to $77 billion

HNIs net buyers amid volatility with Rs 1,392-cr inflows in 15 sessions

The bulk of the buying by value is likely to be from HNIs, a market expert said

Ultra-HNI count up 6.4% in 2019; India to see 73% rise in 5 years

India ranks 12th and had 5,986 such individuals in 2019, which is likely to reach 10,354 by 2024.

SBI Cards IPO: This one's for high net-worth individuals, but has its risks

Listing gains may be limited, if the issue is subscribed multiple times

Blume Ventures raises $102 mn in Fund III to back early-stage start-ups

Blume started in 2011 raising an entirely domestic Rs 100 crore fund from HNIs (high net-worth individuals) and subsequently raised a $60 million fund (Rs 400 crore) in 2016